Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

[ad_1] Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand its energy services business to three-wheeled passenger vehicles and buses, its chief executive told Reuters in an interview.  The maker of electric vehicle batteries that can be fully charged in 15 minutes using its … Read more

Automakers Plan a Second Life for Old EV Batteries, but That Depends How Long the First Is

[ad_1] Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy. An array of startups offers second-life energy storage using old EV batteries. But creating the viable … Read more